Realized Gain or Loss (LO. 3) Guerda owns 1,500 shares of Ditchdirt common stock. During the current year, she sells 500 shares of the stock for $15 per share and pays a commission of $300 on the sale. Guerda had purchased the 1,500 shares as follows: No. of Commissions Purchase Date Purchase Price Shares Paid 1/18/18 200 $1,600 $200 5/12/18 100 1,100 100 9/11/18 300 3,000 300 2/15/19 400 5,500 500 12/31/19 500 2,700 300 Note: Assume all sales described below are sold on a first-in, first-out basis. a. Guerda's basis in the 500 shares sold is $ 5,200, which results in a gain of $ 2,000 on the sale of stock. Feedback b. Assume that Guerda later sells an additional 200 shares of the Ditchdirt stock for $20 per share, paying a commission of $600 on the sale. Guerda's basis in the 200 shares sold is $ , which results in a gain of $ on the sale of stock. Feedback c. Assume that Guerda sells the remaining 800 shares of Ditchdirt stock for $10 per share and pays a commission of $400 on the sale. Note: Do not round intermediate computations. Guerda has a loss of $ for the 300 shares and a gain of $ for the 500 shares on the sale of the stock. Feedback d. What tax-planning strategy can be used to achieve more favorable tax results on the sale of the stock? Guerda should use the specific identification method to account for stock sold. Considering the first 500 share sale, the result would be no gain or loss